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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Due Diligence who wrote (3820)1/29/1999 10:31:00 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 11130
 
Well I guess if it never trades again you never have to cover.

If it comes back trading at book value, which is what? 0.02/share, well you're doing OK too.



To: Due Diligence who wrote (3820)1/30/1999 10:12:00 AM
From: Jim Spitz  Read Replies (1) | Respond to of 11130
 
Ask Anthony@Pacific. He shorted it. I think he expects to never have to cover, or something like that. If it does open again, it will probably be under $1. It appears to have been a major scam. jimS

EDIT: USAT jrs


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